Tag Archives: FY2010

Around the top of the hour, the Senate budget committee gets its update about the state’s financial situation for the current and upcoming years. Next year’s deficit is now estimated by the Christie administration at over $11 billion — projected … Continue reading →

It’s Monday, Feb. 1st, 2010, and the new month begins with activity expected at the top of all three branches of New Jersey government. Five Senate committees meet, for the first time in the new legislative session. The state Supreme … Continue reading →

The Christie administration says the tax increase facing employers in a few months on the payroll tax they pay into the unemployment fund will be approximately $1 billion. In updated language added to the disclosures made to potential investors in … Continue reading →

The state Assembly has its first batch of committee meetings scheduled for Monday. It includes an unusually early Assembly Budget Committee meeting regarding the state budget, which usually waits until March. The committee will hear from the Office of Legislative … Continue reading →

News and notes from Gov. Chris Christie’s first news conference: He signed eight executive orders. Four dealt with freezing, reviewing or revising state regulations. Another keeps Atlantic City casinos open in the case of a future government shutdown. The most … Continue reading →

Back in October, when the state announced revenues were $190 million short over the fiscal year’s first three months, I ran the math on what that would mean over the course of a full year — about $1 billion. And … Continue reading →

Gov.-elect Chris Christie and his top budget aides met with three top officials in Gov. Jon Corzine’s Treasury Department, including state Treasurer David Rousseau, for three hours today before the news conference. Christie budget adviser Robert Grady — who now … Continue reading →

Gov. Jon Corzine acknowledged Thursday that “October revenue collections are coming in below targets and may continue to erode in the months ahead” as he directed his Cabinet officers to identify another $200 million in budget savings by Dec. 1. … Continue reading →

The state Department of the Treasury says it would be erronenous to conclude that Gov. Jon Corzine’s directive to Cabinet officers to identify another $200 million in budget reductions by Dec. 1 indicates that the state’s revenue shortfall is growing. … Continue reading →

Independent gubernatorial candidate Chris Daggett used Monday’s announcement by the state Treasury Department that revenues were $190 million behind forecast in the first three months of the fiscal year to get in another plug for his tax plan — cutting … Continue reading →

It’s a big lottery weekend in America, with the two multistate games offering huge jackpots — $213 million for Powerball and $146 million for Mega Millions. Mega Millions is the one sold in New Jersey; the Powerball game is sold in … Continue reading →

The budget is the most important piece of legislation that passes each year, so big that it never actually fits into just one bill. Below’s a recap of the other laws signed Monday by Gov. Jon Corzine, without which the … Continue reading →

About the Authors

Bob JordanBob Jordan has covered state, county and muncipal governments for the past 10 years. He has also covered the gaming industry and has been a sports team beat writer for NHL, NBA and major league baseball teams.E-mail Bob

John SchoonejongenJohn Schoonejongen is state editor for Gannett New Jersey newspapers. He has reported and edited at New Jersey newspapers from Salem County to Passaic County, writing about everything from state politics to lost pigs on the Delaware Memorial Bridge. Born in Camden County, he still speaks with a southern New Jersey accent, much to his wife's annoyance.E-mail John

Michael SymonsMichael Symons has covered seven governors while working in Gannett's Statehouse Bureau -- a stint which actually only stretches back to 2000, but the door revolves quickly in New Jersey politics. He's co-author of the biography "Chris Christie: The Inside Story of His Rise to Power."E-mail Michael